At meeting held on 28 November 2016
Oil India announced that the Board of Directors of the Company in their Meeting held on 28 November 2016, inter alia, have recommended 'Issue of Bonus shares' in the ratio of 1:3 i.e. One (1) bonus equity shares of Rs. 10/- each for every Three (3) existing fully paid up equity share of Rs. 10/- each subject to approval of the shareholders.Process for issuance of bonus shares and Credit / Dispatch of the Bonus Shares would be completed within the stipulated time period.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
